A Manchester-based car finance specialist founded by a former professional boxer a little over a year ago has secured a £50,000 boost to accelerate its growth.
Finance Link, which was launched by Jake Bulger in February 2020, has received the money from social impact lender GC Business Finance through the Bounce Back Loan Scheme (BBLS) funded by Greater Manchester Combined Authority (GMCA).
Based in Trafford Park, Finance Link has now invested in a digital marketing campaign to increase awareness of the company and secure new leads.
After being forced to take on other work while running the business because of the Covid-19 pandemic, Mr Bulger has now been able to become full-time and focus on its growth as lockdown restrictions ease.
Mr Bulger was a professional boxer from 2014 to 2019 and had a record of 10-0.
He said: "The BBLS loan from GC Business Finance has been a godsend. As a new business, it really took the pressure off and enabled us to focus on our growth plan.
"Since launching our digital marketing campaign, Finance Link has gone from strength to strength, and we are looking forward to further growth as employees return to the office in the near future."
Andy Nichols, senior loan manager at GC Business Finance, added: "The last 18 months have been really tough for businesses, so we’re proud to have helped Finance Link to get off the ground and achieve impressive growth with a five-figure BBLS loan.
"Jake deserves a lot of credit for navigating the business through the challenging circumstances presented by Covid-19, and we are excited to see where Finance Link goes next."
GC Business Finance is an alternative finance provider for businesses unable to obtain finance through their regular bank.
It offers loans ranging from £500 to £500,000, including CBILS, start-up loans, equity investment, export finance and micro finance.
